The bill amends Iowa's real estate disclosure laws to require the inclusion of information regarding lead service lines in property disclosures. It introduces new definitions for "lead service line," which refers to any service line made of lead, and specifies that a galvanized service line is also considered a lead service line if it is downstream of any lead service line or a service line of unknown material. Additionally, the term "service line" is defined as the pipe that connects the water main to the interior plumbing of a building.

Under the amended law, the disclosure statement that must be provided to potential buyers will now include information about the presence of lead service lines, alongside other important property characteristics and defects. This change aims to enhance transparency in real estate transactions and ensure that buyers are informed about potential health risks associated with lead service lines. The bill mandates that the real estate commission adopt rules to govern the specifics of these disclosures.

Statutes affected:
Introduced: 558A.1, 558A.4